BH GROUP CONSTRUCTION: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BH GROUP CONSTRUCTION
Largest movements
- Receivables within one year +€8,907
up €8,907 (+499.5%), from €1,783 to €10,690
- Tangible fixed assets +€617
new in 2023: €617
- Profit (loss) carried forward +€13,655
up €13,655, from -€12,390 to €1,265
- Other debts -€11,020
no longer reported in 2023 (was €11,020)
- Trade debts +€6,889
up €6,889 (+218.5%), from €3,153 to €10,042
- Gross operating margin +€25,743
up €25,743, from -€11,114 to €14,629
- Other operating charges -€490
down €490 (-49.5%), from €990 to €500
- Depreciation +€217
new in 2023: €217
From the 2022 result to the 2023 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,783 | €11,307 | +€9,524 | +534.1% |
| Fixed assets | 21/28 | - | €617 | +€617 | |
| Tangible fixed assets | 22/27 | - | €617 | +€617 | |
| Plant, machinery and equipment | 23 | - | €617 | +€617 | |
| Current assets | 29/58 | €1,783 | €10,690 | +€8,907 | +499.5% |
| Amounts receivable within one year | 40/41 | €1,783 | €10,690 | +€8,907 | +499.5% |
| Other amounts receivable | 41 | €1,783 | €10,690 | +€8,907 | +499.5% |
| Total equity and liabilities | 10/49 | €1,783 | €11,307 | +€9,524 | +534.1% |
| Equity | 10/15 | -€12,390 | €1,265 | +€13,655 | |
| Profit (loss) carried forward | 14 | -€12,390 | €1,265 | +€13,655 | |
| Amounts payable | 17/49 | €14,173 | €10,042 | -€4,131 | -29.1% |
| Amounts payable within one year | 42/48 | €14,173 | €10,042 | -€4,131 | -29.1% |
| Trade debts | 44 | €3,153 | €10,042 | +€6,889 | +218.5% |
| Suppliers | 440/4 | €3,153 | €10,042 | +€6,889 | +218.5% |
| Other amounts payable | 47/48 | €11,020 | - | -€11,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €217 | +€217 | |
| Other operating charges | 640/8 | €990 | €500 | -€490 | -49.5% |
| Gross operating margin | 9900 | -€11,114 | €14,629 | +€25,743 | |
| Operating profit (loss) | 9901 | -€12,104 | €13,912 | +€26,016 | |
| Financial charges | 65/66B | €124 | €53 | -€70 | -57.0% |
| Recurring financial charges | 65 | €124 | €53 | -€70 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,228 | €13,859 | +€26,086 | |
| Profit (loss) for the period | 9904 | -€12,228 | €13,859 | +€26,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,228 | €13,859 | +€26,086 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.